Students save millions in loan borrowing as result of Fees Free policy
“More than 30,000 fewer students borrowed to pay tertiary fees last year, compared with 2017, saving them $194.2 million,” Education Minister Chris Hipkins said.Devdiscourse News Desk | Updated: 12-06-2019 06:47 IST | Created: 12-06-2019 06:47 IST
Students have saved hundreds of millions of dollars in loan borrowing as a result of the Coalition Government's first-year Fees Free policy, final figures show.
"That's a sizeable chunk of the cost New Zealanders face when embarking in in post-school education and training, and it means that once they've finished they're much better placed to get on with life without a huge debt burden weighing them down."
Of that total:
6,973 attended private training establishments.
(With Inputs from New Zealand Government Press Release)